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Who knew this about paypal?
gtstang
Posts: 1,778 ✭✭✭✭✭
I sold some coins on ebay, the buyer paid and has a confirmed shipping address in California and cc is U.S.. Well apparently they have a paypal registered address in China and because they logged onto paypal China, I got hit with a 4.4% fee instead of the typical 2,9%.
Talking to paypal as to why they charged the 4.4% even though it's a U.S. based transaction was a complete waste of time!
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About a years ago I sold a coin to a gent in Australia even though I thought I had my account blocked to foreign bidders. PP zinged me for 3.9%. I called a rep and said I was going to cancel the deal as the rate was excessive. He dropped the whole fee. It was about fifty bucks. Give it a try.
This was only about $5 more in fees but what bothers me is that it's a U.S. cc and shipping within the U.S. Trust me, I tried this morning and it was just a pure waste of my time.
I would cancel the deal.
Since the difference is 1.5%, how much TOTAL is the extra cost?
In most of my transactions, 1.5% delta would be in the weeds.
Do items shipped to their global shipping address get hit with the extra charge?
Global shipping is run by eBay not PayPal.
you need to add a handling fee on overseas orders that also covers currency conversion. It won't catch everything but but it helps .
Don't forget , if it was an auction that every time an overseas buyer bids at your item it raised the price. If the eventual winner is not overseas that is free money in your pocket that wouldn't be there if you shut out sales outside of the US.
In fact overseas buyers will see higher shipping costs and tend to have a lower max bid because of that. That means they generally lose a lot of things they bid on against local bidders, bad for them but good for the seller because it means the local winner was raised up at least one bid increment if not more.